Safeguard Securities

FAQ Detail - Page

How do I own a fraction of a share?

Safeguard Securities offers a Fractional Share Program that enables clients to purchase precise dollar-amount allocations in thousands of U.S.-listed equities and ETFs. Rather than buying a full share, you can invest as little as $5 in high-value stocks, gaining proportional ownership and dividend rights.

HOW IT WORKS

When you place a fractional order, Safeguard executes the trade through our institutional liquidity partners. Your fractional position is recorded in your account with full beneficial ownership. You receive dividends proportional to your holding, and your fractional shares are reflected in your portfolio valuation in real time.

Fractional shares are available for market orders during standard trading hours. You can buy and sell fractional positions at any time the market is open, and there are no additional fees beyond our standard commission schedule.

ELIGIBLE SECURITIES

Our Fractional Share Program covers over 5,000 U.S.-listed stocks and ETFs, including all S&P 500 components, major NASDAQ-listed technology companies, and popular index ETFs. Fractional trading is not currently available for OTC securities, options, or fixed-income instruments.

To get started, simply select any eligible security in your client portal and enter a dollar amount instead of a share quantity. Your fractional position will appear in your portfolio immediately upon execution.